Dec, 31, 2023 — NORTHEAST SCHOOLS AND HOSPITAL CREDIT UNION is a federally insured state chartered credit union headquartered in NEWPORT, VT with 0 branch location and about $5.74 million in total assets. Opened 55 years ago in 1969, NORTHEAST SCHOOLS AND HOSPITAL CREDIT UNION has about 1,114 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NORTHEAST SCHOOLS AND HOSPITAL CREDIT UNION |
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Address: (Main Office) | 189 E Main St Ste C NEWPORT, VT 05855-5562 |
Phone: | (802) 334-1844 |
Fax: | |
Website: | https://nshcu.virtualcu.net |
Branches: | 0 branch locations |
Members: | 1,114 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 64462 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1969 |
Last Audited: | Dec 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $5,740,521 |
CEO/Manager: | Linn D Elko |
Chairperson: | Mary P Clark |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,640,502 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,330,900 |
Other Loans | 1,715,624 |
TOTAL LOANS | 3,046,524 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -22,540 |
Land And Building | 0 |
Other Fixed Assets | 10,027 |
NCUSIF Deposit | 51,378 |
All Other Assets | 0 |
TOTAL ASSETS | 5,740,521 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 4,483 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 23,766 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 342,498 |
Regular shares | 4,409,450 |
All Other Shares & Deposits | 407,063 |
TOTAL SHARES & DEPOSITS | 5,159,011 |
TOTAL LIABILITIES | 5,187,260 |
Regular Reserve | 0 |
Other Reserves | 127,928 |
Undivided Earnings | 425,333 |
TOTAL EQUITY | 553,261 |
TOTAL LIABILITIES, SHARES, & EQUITY | 5,740,521 |
INCOME & EXPENSE | |
Loan Income | 199,544 |
Investment Income | 30,343 |
Other Income | 34,663 |
Total Employee Compensation & Benefits | 129,045 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 121,433 |
Non-operating Income & (Expense) | 1,775 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 14,645 |
Cost of Funds | 12,063 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -10,861 |
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